Veterinary Clinic Startup Cost Comparison

Pasadena, CA vs New York, NY

Pasadena, CA

$405,000 - $2,619,000

COL Index: 152.3

VS

New York, NY

$565,000 - $3,834,000

COL Index: 187.2

Detailed Cost Comparison

Expense Pasadena, CA New York, NY Difference
Licensing & DEA Registration
$3,300 - $15,000 $5,300 - $17,100 -18%
Clinic Space & Build-Out
$206,500 - $1,652,200 $347,800 - $2,782,600 -41%
Medical Equipment
$80,000 - $400,000 $80,000 - $400,000 Same
Practice Management Software
$5,000 - $25,000 $5,000 - $25,000 Same
Insurance (Annual)
$8,000 - $30,000 $8,000 - $30,000 Same
Initial Staffing
$26,400 - $132,000 $29,000 - $145,000 -9%
Initial Pharmacy & Supplies
$15,000 - $60,000 $15,000 - $60,000 Same
Working Capital (3 Months)
$60,900 - $304,600 $74,900 - $374,400 -19%
Total Estimated Cost $405,000 - $2,619,000 $565,000 - $3,834,000 -31%

Local Market Factors

Factor Pasadena New York
Cost of Living Index 152.3 187.2
Commercial Rent ($/sqft/yr) $30 - $65 $40 - $120
Labor Rate Index 1.32 1.45
Sales Tax 10.25% 8.875%
Minimum Wage $16.00/hr $16.00/hr
LLC Filing Fee $70 $200

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